MIRA INFORM REPORT

 

 

 

 

Report Date :           

22.02.2012

 

Supplement

We refer to your enquiry of  20.06.2011. In the meantime there have been changes in particular in the following areas subject to monitoring:  - Balance sheets

 

 

Company name

 

Graf & Co GmbH Technologie Service

 

 

Company address

 

Im Farchet 4

D 83646 Bad Tölz

Telephone:        08041/7607-0

Telefax:             08041/7607-25

Homepage:        www.graf-germany.com

E-mail:              graftoelz@aol.com

 

 

VAT no

 

DE128360658

 


Tax ID number

 

139/127/80079

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         1988

Shareholders'

agreement:                    21.12.1990

Registered on:               03.07.1991

Commercial Register:     Local court 80797 München

under:                                       HRB 95581

Share capital:                 EUR             25,564.60

 

 

Shareholder

 

Hans Jürgen Graf

Starleiten 1

D 82538 Geretsried

born: 19.06.1943

Share:             EUR             14,060.53

 

Shareholder:

Joachim Graf

Sandgrubenweg 135

D 81737 München

born: 13.05.1966

Share:             EUR             11,504.07

 

 

Manager

 

Hans Jürgen Graf

Starleiten 1

D 82538 Geretsried

having sole power of representation

born: 19.06.1943

Profession: Businessman

Marital status: unknown

 

Manager:

Joachim Graf

Sandgrubenweg 135

D 81737 München

having sole power of representation

born: 13.05.1966

 

Further functions/participations of Joachim Graf (Manager)

 

General partner:

                      High Text Verlag Graf und Treplin OHG

                      Wilhelm-Riehl-Str. 13

                      D 80687 München

                      Legal form: General Partnership

                      Registered

                      on:         22.01.1998

                      Reg. data:  80797 München, HRA 72216

 

 

BUSINESS ACTIVITIES

 

Sectors

4643    Wholesale of electrical household appliances and radio and televisiongoods

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

 Negative information:     We have no negative information at hand.

 

 Maximum credit:           65,000 EUR

 

Balance sheet year:       2010

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Im Farchet 4

                                    D 83646 Bad Tölz

 

Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BAD TÖLZ-WOLFRATSHAUSEN, GERETSRIED

Sort. code: 70054306, BIC: BYLADEM1WOR

 

POSTBANK (GIRO), MÜNCHEN

Sort. code: 70010080, BIC: PBNKDEFF700

 

 

FINANCIAL FIGURES

 

 Turnover:            2010               EUR          2,606,000.00

 Profit:              2010               EUR          1,548,665.00

 Ac/ts receivable:                       EUR          1,210,990.00

 Liabillities:                           EUR            746,814.00

 Employees:                                                      3

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                 87.35

 Liquidity ratio:                  10.00

 Return on total capital [%]:      38.55

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 77.07

 Liquidity ratio:                  10.00

 Return on total capital [%]:      24.28

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                 86.77

 Liquidity ratio:                  10.00

 Return on total capital [%]:      36.46

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:                 70.18

 Liquidity ratio:                   6.15

 Return on total capital [%]:      12.23

 


Equity ratio

The equity ratio indicates the portion of the equity as compared to the total capital. The higher the equity ratio, the better the economic stability (solvency) and thus the financial autonomy of a company.

 

Liquidity ratio

The liquidity ratio shows the proportion between adjusted receivables and net liabilities. The higher the ratio, the lower the company's financial dependancy from external creditors.

 

Return on total capital

The return on total capital shows the efficiency and return on the total capital employed in the company. The higher the return on total capital, the more economically does the company work with the invested capital.

 

Balance sheet grade

The balance sheet grade is based on the following ratios: equity ratio, liquidity ratio and return on total capital from the balance sheets published in the Federal Gazette.

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2010 - 31.12.2010

 

 ASSETS                                  EUR          4,017,739.53

  Fixed assets                           EUR            425,972.47

   Intangible assets                     EUR                  2.00

    Other / unspecified intangible assetsEUR                  2.00

   Tangible assets                       EUR            425,970.47

    Other / unspecified tangible assets  EUR            425,970.47

  Current assets                         EUR          3,569,309.29

   Stocks                                EUR            531,145.20

   Accounts receivable                   EUR          1,210,989.83

    Other debtors and assets             EUR          1,210,989.83

   Liquid means                          EUR          1,827,174.26

  Remaining other assets                 EUR             22,457.77

   Accruals (assets)                     EUR             22,457.77

 

 LIABILITIES                             EUR          4,017,739.53

  Shareholders' equity                   EUR          2,917,015.46

   Capital                               EUR             25,564.59

    Subscribed capital (share capital)   EUR             25,564.59

   Balance sheet profit/loss (+/-)       EUR          2,891,450.87

    Profit / loss brought forward        EUR          1,342,786.22

    Annual surplus / annual deficit      EUR          1,548,664.65

  Provisions                             EUR            353,910.00

  Liabilities                            EUR            746,814.07

   Other liabilities                     EUR            746,814.07

    Unspecified other liabilities        EUR            746,814.07

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR          3,112,815.07

  Fixed assets                           EUR            436,773.97

   Intangible assets                     EUR                166.50

    Other / unspecified intangible assetsEUR                166.50

   Tangible assets                       EUR            436,607.47

    Other / unspecified tangible assets  EUR            436,607.47

  Current assets                         EUR          2,656,906.17

   Stocks                                EUR            446,100.00

   Accounts receivable                   EUR            616,610.46

    Other debtors and assets             EUR            616,610.46

   Liquid means                          EUR          1,594,195.71

  Remaining other assets                 EUR             19,134.93

   Accruals (assets)                     EUR             19,134.93

 

 LIABILITIES                             EUR          3,112,815.07

  Shareholders' equity                   EUR          2,368,350.81

   Capital                               EUR             25,564.59

    Subscribed capital (share capital)   EUR             25,564.59

   Balance sheet profit/loss (+/-)       EUR          2,342,786.22

    Profit / loss brought forward        EUR          1,587,095.19

    Annual surplus / annual deficit      EUR            755,691.03

  Provisions                             EUR             89,700.00

  Liabilities                            EUR            654,764.26

   Other liabilities                     EUR            654,764.26

    Unspecified other liabilities        EUR            654,764.26


MIRA INFORM REPORT

 

Prepared for :

Andhra Bank - Opera House

 

 

Your Ref. No.:         

Sarla Performance Fibers Ltd.

 

Report No. :

145975

Report Date :           

21.06.2011

 

INQUIRY DETAILS

 

Given Name :

Graf & Co Gmbh

 

 

Given Address :

Technologie Service, IM Farchet 4, 83646 Bad Tolz, Germany

 

 

Tel. No.:

+49 0 80 41/76 07-0

 

IDENTIFICATION DETAILS

 

Correct Name :

GRAF & CO GMBH TECHNOLOGIE SERVICE

 

 

Registered Office :

Im Farchet 4, D 83646 Bad Tölz

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

03.07.1991

 

 

Com. Reg. No.:

HRB 95581

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale of electrical household appliances and radio and televisiongoods

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

65,000 EUR

Status :

Good

Payment Behaviour :

Regular

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Germany

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Company name & address 

 

Graf & Co GmbH Technologie Service

 

Main address:

Im Farchet 4

D 83646 Bad Tölz

Telephone:        08041/7607-0

Telefax:             08041/7607-25

Homepage:        www.graf-germany.com

E-mail:              graftoelz@aol.com

 

 

VAT no.        

 

DE128360658

 

 

Tax ID number  

 

139/127/80079

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

 LEGAL FORM              Private limited company

Date of foundation:         1988

Shareholders'

agreement:                    21.12.1990

Registered on:               03.07.1991

Commercial Register:     Local court 80797 München

under:                                       HRB 95581

Share capital:                 EUR             25,564.60


Shareholder

 

Hans Jürgen Graf

Starleiten 1

D 82538 Geretsried

born: 19.06.1943

Share:             EUR             14,060.53

 

Shareholder:

Joachim Graf

Sandgrubenweg 135

D 81737 München

born: 13.05.1966

Share:             EUR             11,504.07

 

 

Manager

 

Hans Jürgen Graf

Starleiten 1

D 82538 Geretsried

having sole power of representation

born: 19.06.1943

Profession: Businessman

Marital status: unknown

 

Manager:

Joachim Graf

Sandgrubenweg 135

D 81737 München

having sole power of representation

born: 13.05.1966

 

 

Further functions/participations of Joachim Graf (Manager)

 

General partner:

High Text Verlag Graf und Treplin OHG

Wilhelm-Riehl-Str. 13

D 80687 München

Legal form: General Partnership

Registered

on:         22.01.1998

Reg. data:  80797 München, HRA 72216

 

 

BUSINESS ACTIVITIES

 

Sectors

4643   Wholesale of electrical household appliances and radio and televisiongoods

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            65,000 EUR

 

Balance sheet year:       2009

 

 

REAL ESTATE

 

 Type of ownership:        Tenant

 Address                       Im Farchet 4

                                    D 83646 Bad Tölz

 

 Land register documents were not available.

 

 

BANKERS

 

SPARKASSE BAD TÖLZ-WOLFRATSHAUSEN, GERETSRIED

Sort. code: 70054306, BIC: BYLADEM1WOR

 

POSTBANK (GIRO), MÜNCHEN

Sort. code: 70010080, BIC: PBNKDEFF700

 

 

FINANCIAL FIGURES

 

 Turnover:            2009               EUR          2,200,000.00

                      2010               EUR          2,606,000.00

 further business figures:

 Employees:                                                      3

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 77.07

 Liquidity ratio:                  10.00

 Return on total capital [%]:      24.28

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                 86.77

 Liquidity ratio:                  10.00

 Return on total capital [%]:      36.46

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:                 70.18

 Liquidity ratio:                   6.15

 Return on total capital [%]:      12.23

 

Equity ratio

The equity ratio indicates the portion of the equity as compared to the total capital. The higher the equity ratio, the better the economic stability (solvency) and thus the financial autonomy of a company.

 

Liquidity ratio

The liquidity ratio shows the proportion between adjusted receivables and net liabilities. The higher the ratio, the lower the company's financial dependancy from external creditors.

 

Return on total capital

The return on total capital shows the efficiency and return on the total capital employed in the company. The higher the return on total capital, the more economically does the company work with the invested capital.

 

Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR          3,112,815.07

  Fixed assets                           EUR            436,773.97

   Intangible assets                     EUR                166.50

    Other / unspecified intangible assetsEUR                166.50

   Tangible assets                       EUR            436,607.47

    Other / unspecified tangible assets  EUR            436,607.47

  Current assets                         EUR          2,656,906.17

   Stocks                                EUR            446,100.00

   Accounts receivable                   EUR            616,610.46

    Other debtors and assets             EUR            616,610.46

   Liquid means                          EUR          1,594,195.71

  Remaining other assets                 EUR             19,134.93

   Accruals (assets)                     EUR             19,134.93

 

 LIABILITIES                             EUR          3,112,815.07

  Shareholders' equity                   EUR          2,368,350.81

   Capital                               EUR             25,564.59

    Subscribed capital (share capital)   EUR             25,564.59

   Balance sheet profit/loss (+/-)       EUR          2,342,786.22

    Profit / loss brought forward        EUR          1,587,095.19

    Annual surplus / annual deficit      EUR            755,691.03

  Provisions                             EUR             89,700.00

  Liabilities                            EUR            654,764.26

   Other liabilities                     EUR            654,764.26

    Unspecified other liabilities        EUR            654,764.26

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR          2,611,945.70

  Fixed assets                           EUR            444,836.47

   Intangible assets                     EUR              1,563.00

   Tangible assets                       EUR            443,273.47

  Current assets                         EUR          2,158,236.29

   Stocks                                EUR            368,300.00

   Accounts receivable                   EUR            733,239.56

   Liquid means                          EUR          1,056,696.73

  Remaining other assets                 EUR              8,872.94

   Accruals (assets)                     EUR              8,872.94

 

 LIABILITIES                             EUR          2,611,945.70

  Shareholders' equity                   EUR          2,212,659.78

   Capital                               EUR             25,564.59

    Subscribed capital (share capital)   EUR             25,564.59

   Balance sheet profit/loss (+/-)       EUR          2,187,095.19

    Profit / loss brought forward        EUR          1,235,143.53

    Annual surplus / annual deficit      EUR            951,951.66

  Provisions                             EUR            125,937.00

  Liabilities                            EUR            273,348.92


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.25

UK Pound

1

Rs.76.75

Euro

1

Rs.65.16

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.